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Measures to implement Presidential Executive Order On Special Economic Measures in Connection with Ukraine’s Unfriendly Actions towards Citizens and Legal Entities of the Russian Federation

1 November 201811:00

Special economic measures to be imposed on certain individuals and legal entities of Ukraine include the blocking (freezing) of their bank accounts, uncertificated securities and property in Russia and a ban on the transfer of money (withdrawal of capital) from Russia. The sanctions list includes 322 individuals and 68 legal entities. This Resolution is designed to counter Ukraine’s unfriendly actions towards Russian citizens and legal entities and to encourage the normalisation of bilateral relations.

Submitted by the Finance
Ministry in accordance with Presidential Executive Order No. 592, On Special Economic Measures in Connection with Ukraine’s Unfriendly
Actions towards Citizens and Legal Entities of the Russian Federation, dated 22
October 2018.

This Resolution is
designed to counter Ukraine’s unfriendly actions towards Russian citizens and
legal entities, to ensure that the restrictions imposed by Ukraine on Russian
citizens and legal entities are lifted and to encourage the normalisation of
bilateral relations.

The special
economic measures introduced by this Resolution against certain individuals and
legal entities of Ukraine include the blocking (freezing) of their bank
accounts, uncertificated securities and property in Russia and a ban on the
transfer of money (withdrawal of capital) from Russia.

The sanctions list
includes 322 individuals and 68 legal entities. The list of Ukrainian
individuals and legal entities to be affected by these sanctions includes the
judges of the Constitutional Court of Ukraine, deputies of the 8th Verkhovna
Rada of Ukraine, major businesspeople, officials from the Executive Office of
the President of Ukraine, heads of executive authorities of Ukraine and large
Ukrainian companies, as well as legal entities that are controlled by major
Ukrainian businesspeople.

At the same time,
the Government of Russia reserves the right to cancel these special economic
measures if Ukraine lifts the restrictions imposed on Russian individuals and
legal entities.